Portal, a Web3 infrastructure company, completed a $5.3 million financing
It is reported that Portal, a Web3 wallet infrastructure start-up, announced the completion of a US $5.3 million financing, with the participation of Slow Ventures, and venture capital companies such as Haun Ventures, Acrew Capital, and Chapter One founded by Andreessen Horowitz alumnus Kaite Haun.
Interpretation of this information:
Portal, a Web3 wallet infrastructure start-up, has successfully raised US $5.3 million in a recent financing round. The funding came from venture capital firms including Slow Ventures, Haun Ventures, Acrew Capital, and Chapter One which was founded by Kaite Haun, a former Andreessen Horowitz alumnus.
Portal aims to provide users with a secure and user-friendly platform for managing digital assets. Through their Web3 wallet infrastructure, the company enables customers to store, manage, and trade cryptocurrencies, as well as access decentralized applications (DApps) and other Web3 services.
With the popularity and adoption of cryptocurrencies and blockchain technology, it is not surprising that companies like Portal are beginning to emerge in the market. As more people become interested in investing and trading digital assets, there is a growing need for secure and reliable platforms to manage such assets.
This recent financing round will allow Portal to expand its offerings and continue to innovate, providing its users with the latest and most advanced features in the Web3 space. Slow Ventures, which led the funding round, expressed its confidence in the company’s vision and team, stating that they were “excited to support Portal in its mission to enhance trust and usability in the Web3 ecosystem.”
In summary, Portal’s successful funding round highlights the growing interest and demand for Web3 wallet infrastructure solutions. With the support of venture capital firms like Slow Ventures, Haun Ventures, Acrew Capital, and Chapter One, the company is well-positioned to continue driving innovation in the Web3 space.
This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/38288.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.